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How do you prepare yourself to accept the worst possible outcome?
Demand Curve
A graphical representation of the relationship between the price of a good and the quantity demanded.
Profit
Difference between total revenue and total cost.
Marginal Revenue
The additional income earned from the sale of one more unit of a product or service.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.
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